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Nuclear Energy Outlook 2008

image of Nuclear Energy Outlook 2008
World energy demand continues to grow unabated and is leading to very serious concerns about security of supply, soaring energy prices and climate change stemming from fossil fuel consumption. Nuclear energy is being increasingly seen as having a role to play in addressing these concerns. Responding to renewed interest in nuclear energy, this Nuclear Energy Outlook uses the most current data and statistics available and provides projections up to 2050 to consider growth scenarios and potential implications on the future use of nuclear energy. It also offers unique analyses and recommendations on the possible challenges that lie ahead. Topics covered by the NEO include nuclear power’s current status and projected trends, environmental impacts, uranium resources and security of supply, costs, safety and regulation, radioactive waste management and decommissioning, non-proliferation and security, legal frameworks, infrastructure, stakeholder engagement, advanced reactors and advanced fuel cycles.

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Providing Electricity at Stable and Affordable Costs

Nuclear Energy Agency

Economics is key in decision making for the power sector. The beginning of the 21st century has been characterised by a significant increase in the competitive margin of nuclear energy compared with gas-fired power plants as a result of enhanced performance of nuclear units and drastic gas price escalation. While this evolution has not led investors to move from their “rush to gas” to massive orders of new nuclear units, it has triggered renewed interest among policy makers in the nuclear option. 

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